How much is the social security deduction in Shenzhen

Shenzhen social security deduction time is as follows:

1, Shenzhen social security deduction time is generally arranged between the 20th and 25th of each month; 2. If the deduction is completed within this time period, there will usually be no late payment fee; 3. However, if the social security fee is declared after 25th, it may affect the social security benefits of employees next month.

Provisions on payment of social security:

1, payment period: usually, the payment period of social security is once a month, and the specific time is stipulated by the local social security agency;

2. Deadline for payment: The deadline for social security payment may be different in each region, generally around 15 per month;

3. Payment method: Enterprises and individuals can pay social security through bank transfer and online payment.

4. Late payment: Late payment may lead to late payment, and the specific proportion is determined by local policies;

5. Payment policy: If the payment time is missed, some areas are allowed to pay social security fees within a certain period of time.

To sum up, Shenzhen social security deduction is generally carried out on the 20th to 25th of each month to avoid late payment fees and ensure that employees' social security benefits are not affected. Therefore, enterprises and individuals should complete the declaration and deduction of social security expenses within the specified time to avoid unnecessary economic losses or treatment delays after missing the deduction period.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.